Markets pointing to lower opening. Major averages. Take a look. The nasdaq lower by 65, the s p lower lower by 34 after the markets rallied last week, the dow, nasdaq and s p 500 second straight week of gains with market up on the session as you can see about 2 higher on the dow industrials for week. Oil prices having a rough morning, take a look at this. Taking a steep dive as the coronavirus slams demand. Crude oil now at 13. 54 a barrel. Holding china responsible, questions are swirling this morning about the origins of the virus. Chinas lack of transparency. Congressman andy barr to investigate chinas handling of the pandemic. Mornings with maria begins now. Noble markets look like this. Germany taking a step with reopening the economy. Some stores. The white house is allowing some companies to delay payments of import tariffs if they can demonstrate significant financial hardship, tariffs on chinese goods are not included in the interruption of the white house tariff program. In a
555 dow points. Ahead on todays show, were going to dive into this plunge in oil prices, what it means for the u. S. Economy and jobs to the financial losses reverberating through the market right now plus we will speak with illinois governor j. B. Pritzker and former commerce secretary Penny Pritzker, his sister, about illinoiss battle against the coronavirus and the race for more protective gear and testing. Lets focus in on the big stories were watching with 58 minutes left of trading. Brian sul vab focusing on crude oil collapse, mike santoli will tie that in with broad movements were seeing today latest on the snag on government funding. Brian, first to you on this unprecedented move in oil. A day for the history books. It is a day for the history books. Ending a futures contract in negative 30 or what it was. Sara and wolf, it doesnt make sense as i talked about in power lunch as well. We started the day around 10. We continued to fall now negative 30 these are contracts. Negativ
A long political stalemate in israel the Prime Minister signs a deal to form a unity government with the former opponent. We stand with you and we grieve if you. Canadas Prime Minister pays tribute to those who died in the countrys worst mass shooting as the death toll rises to 18. The World Health Organization is warning countries against loosening coronavirus long down restrictions that as governments in europe begin easing social isolation measures germany has reopened some shops and schools Nursery Schools in norway are also reopening to the Czech Republic denmark poland also lifting the shutters on some businesses but European Union Health Experts are warning the battle is fast. Over with infections nearing 1000000. 00 well india has partially lifted its lockdown allowing agriculture manufacturing and construction to resume that says the country reported its highest single day increase in new infections well Health Organization is caution countries the easing of what downs worldwi
History. And why the constitution and tradition are making it difficult to flatten coronavirus curve in japan. Barbara thank you for joining us. The coronavirus pandemic could lead to famines in dozens of countries, pushing tens of millions more people around the world to the brink of starvation. A u. N. Report highlighted the vast number of people around the world who are now acutely food insecure. The World Food Program requested 350 million to set up a network to keep him military and supply chains moving around the world. Keep humanitarian supply chains moving around the world. There are no famines yet, but if we dont work now to secure access, avoid funding shortfalls and disruptions to trade, we could be facing multiple famines of biblical proportions within a few short months. The actions we take will determine our success or failure in building Sustainable Food systems as the basis of peaceful societies. The truth is we do not have time on our side, so lets act wisely and fast.
In Arlington Virginia but course the trumpet administration recently announced the plan to open up america again is that too soon well there they put out a series of guidelines that will leave this up to governors and i think thats the rational decision and you see governors on a regional basis whether its on the west coast or east coast that are going to make those decisions in conjunction with their neighboring government governors and it will be based on both the. Case that load in each of the states as well as their tasking capacity. The administration recently tweeted its time to liberate minnesota michigan and virginia what do you make of that i mean this is a problem you know this is a president who a week ago said he had total 30 to make decisions about reopening and then after he received pushback bipartisan pushback from members of congress he sensibly left that decision up to governors in conjunction with Public Health experts laid out a series of guidelines that made sense